Question: CALCULATOR BACK NETT Exercise 9-23 Cullumber Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at

CALCULATOR BACK NETT Exercise 9-23 Cullumber Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $131,000. Over its 4-year useful life, the bus is expected to be driven 236,000 miles. Salvage value is expected to be $7,100. Compute the depreciation cost per unit. (Round answer to 3 decimal places, 0.9.6.281) Depreciation cost per unit Prepare a depreciation schedule assuming actual mileage was: 2022, 52,400; 2023, 68,200; 2024, 54,000; and 2025, 61,400. (Round depreciation cost per unit to 3 decimal places, e.g. 0.125 and other answers to decimal places, e.g. 125) Computation End of Year Years Units of Activity * Depreciation Cost/Unit - Annual Depreciation Expense Accumulated Depreciation 2022 Book Value 2023 2024 2025 Click if you would like to show Work for this question: Open Show Work Question Attempts: 0 of 1 used SUBMIT ANSWER MacBook Pro Q - +

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